Archive for January 2019

State-Subsidized Imports Crippling U.S. Aluminium Producers: Report

State-Subsidized Imports Crippling U.S. Aluminium Producers: Report

Bolstering the case made by a recent report issued by the Organization for Economic Cooperation and Development (OECD), a white paper released on Tuesday by the American Primary Aluminum Association (APAA) argues that state subsidies of domestic aluminium production is widespread and...

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Events

LME To Trade Rusal Aluminium Upon Lifting Of OFAC Sanctions

LME To Trade Rusal Aluminium Upon Lifting Of OFAC Sanctions

Another hopeful sign emerged last week for troubled Russian Federation aluminium giant U.C. Rusal when the London Metal Exchange confirmed that it would begin again accepting the firm’s aluminium when United States government sanctions are lifted. Per Reuters, the Exchange discussed resuming the trading of Rusal aluminium upon the revocation of sanctions, and no objections […]

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Braidy Files SEC Paperwork For Crowdfunded Stock Offering

Braidy Files SEC Paperwork For Crowdfunded Stock Offering

Kentucky rolled aluminium firm Braidy Industries, Inc. took the first step in becoming a publicly-traded company late last month when it filed a Form S-1 with the United States Securities and Exchange Commission (SEC) on a confidential basis. Per the firm, the filing, which is a draft resale shelf registration statement, anticipates a sale of […]

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15th International Aluminium Recycling Congress

15th International Aluminium Recycling Congress

15th International Aluminium Recycling Congress 26-27 February 2019 Hotel L’Europe, Colmar, France Launched in 1990 and held every two years, the International Aluminium Recycling Congress is one of the leading aluminium recycling events today. The Congress will bring together over 150 participants – policy makers, decision makers of the aluminium recycling industry, processing companies, media representatives, […]

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Alba Surpasses 2018 Aluminium Production Goal Of 1 Million Metric Tons

Alba Surpasses 2018 Aluminium Production Goal Of 1 Million Metric Tons

Aluminium Bahrain B.S.C. (Alba) achieved a new high-water mark in production volume last year, clocking a per-annum production rate of 1,011,101 metric tons. The record exceeded the firm’s production target by over 11 thousand metric tons per annum. The 2018 result was a rise of 3 percent over 2017’s production volume of 981,016 metric tons […]

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Arconic Mulling Buy-Out Offer From Apollo

Arconic Mulling Buy-Out Offer From Apollo

Value-added aluminium firm Arconic Inc. may be only days away from a buy-out by private equity firm Apollo Global Management LLC according to unnamed sources who spoke to Bloomberg late last week. Per the sources, who spoke from behind the veil of anonymity, the deal would have Apollo buying Arconic’s stock at US$22 per share, […]

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